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Independent Schools

Many of Connecticut's private non-profit schools have taken advantage of low cost, tax-exempt financing through one of CHEFA's financing programs. In order to remain competitive, these schools have expanded and improved student housing, auxilliary and educational facilities.

The boards of these schools have recognized that tax-exempt debt can actually help strenghten the balance sheet by leveraging unrestricted net assets rather than using them to fund capital projects. It also allows them to focus their fundraising efforts on endowment growth.

Click here to view our current Independent School project list.